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Simply Cutting Back Does Not Grow a Business.
As the travel industry as a whole has started to contract worldwide — to the point where American Airlines reported a loss of $473 million and other companies in the travel industry have pared back on their forecasts for future earnings — now many be a good time to remind companies in the travel industry that simply cutting back does not grow a business. Lowered earnings forecasts and higher costs of goods could tempt a company — whether or not it is in the travel industry — to cut back on numerous products and services. As an example... The post Simply Cutting Back Does Not Grow a Business. appeared first on The Gate.
As the travel industry as a whole has started to contract worldwide — to the point where American Airlines reported a loss of $473 million and other companies in the travel industry have pared back on their forecasts for future earnings — now many be a good time to remind companies in the travel industry that simply cutting back does not grow a business.
Lowered earnings forecasts and higher costs of goods could tempt a company — whether or not it is in the travel industry — to cut back on numerous products and services.
As an example…
The post Simply Cutting Back Does Not Grow a Business. appeared first on The Gate.
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